In all fairness to Pedro De Noronha of Noster Capital, his comment (video below) on Apple Inc. (NASDAQ:AAPL), which went viral last week, appears to have been blown out of context. He stated on a CNBC interview that Apple could be rendered obsolete in 2-3 years. In my view, his opinion was likely centered on the susceptibility of the products of companies such as Apple to be snuffed out by the advent of a new and innovative technology (think Friendster, MySpace, Altavista, film cameras, VHS recorders) or litigation (Napster). Noster Capital – Nobody is invincible To be sure, Apple was an unfortunate…
Noster Capital Takes Aim At Technology Companies
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.
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